18/05/2012

Jeff Harding

Jeff Harding (fundador de "The Daily Capitalist") analiza la economía, la política y las finanzas desde la perspectiva de libre mercado. Su enfoque es el de la Escuela Austríaca de Economía. El objetivo de Harding es desafiar el pensamiento contemporáneo, sobre todo de aquellos que promueven la economía keynesiana y los que confían en las soluciones a los problemas desde el estado. Truman Factor publica artículos selectos de Jeff Harding en inglés y en español.

OECD Leading Indicators – Reliable?

OECD Leading Indicators – Reliable?

Argentina, redux

Tengo la sensación de que Argentina se ha quedado atascada en una especie de bucle en el tiempo como en el “Día de la Marmota”.

Obama, The Buffett Tax, And Economics

If there is one thing that would harm the economy right now it would be higher taxes on those who create jobs.

Why Obamacare is “the Most Important Case” in 50 Years

A Reason.tv interview with the Pacific Legal Foundation’s Timothy Sandefur on the issues at hand in Department of Health and Human Services v. Florida.

Le pueden obligar a comprar brócoli

¿Puede el gobierno obligarle a comprar algo? El caso del Departamento de Salud y Servicios Humanos vs. Florida.

The Benefits Of The Eurozone

The ECB doesn’t print money and monetize sovereign debt of member states. While they have done some of this, there seems to be political resistance to debt monetization, mainly from Germany and France. They better make sure it continues that way.

Grecia suspenderá pagos (es solo el principio)

No va a ser agradable, pero es inevitable: el nivel de endeudamiento es insostenible.

Wall Street Protesters: You are Looking In The Wrong Place

You folks are demonstrating your anger at “Wall Street” for our problems. You blame “Wall Street” and the “corporations” and “greed” for the Great Recession. You are looking in the wrong place.

Greece, The Eurozone, Uncertainty = Nervous Markets

The market is betting that Greece will default –soon.

El fracaso inminente de la zona euro

Los europeos han creado un problema que no pueden resolver.

El déficit griego se dispara (el rescate peligra)

Cada vez es más obvio que el rescate griego no funcionará y que el país heleno suspenderá pagos.

The Eurozone Debacle: They Ate The Golden Goose

It is apparent that some of the PIIGS will default, maybe all of them.

The Euro 1999 – 2012 R.I.P.

A bailout of Italy would cost the EU another €500 or €600 billion. Spain would be another €300 billion. Why would Germany and France want to do that?

How the Fed crashed the MBS market

A curious thing happened in the RMBS and CMBS markets (ABX) this Spring: it crashed and ultimately recovered only somewhat (at least for the super senior tranches).

Greece Is Europe: The Failure Of The Euro (Part II)

There are two ways out of this mess: default or monetary inflation.

Greece Is Europe: The Failure Of The Euro (Part I)

How the EMU works, why it is failing, and why they will resort to fiat money printing to solve it.

The Bilderberg conspiracy unmasked

The reason that there is no vast conspiracy is because “They” don’t need one.

Slow pace of bank failures holding back recovery

While I am not an advocate of more government intervention, quicker FDIC action and a similar RTC solution would go a long way to speeding up a recovery.

Poor People Control 61 percent of World’s Wealth

History has shown that the freer the economy, the more widely wealth is distributed.

Bernanke Will Be Forced To Do QE3

I don’t believe the Fed will play “chicken” during an election year, and when things turn ugly they will announce QE3 and that will kick the can down the inflationary road.